It might be joever. They cant push it back because they need the pipe money. They'll get 35%-45% of the trust and then issue another pipe at $8 or do a yorkville sepa
$ccxi
The long trade is fundamentally broken since any upside relies on agility securing the 420mil trust cash. If they get a third of that, which they'll be lucky to do now, dilution sub 10 will be inevitable. Agility should postpone the vote to protect the trust
$ccxi
@CallsPuts1 Very fair. Reading Panel Discussion again it does appear to hint at the idea that resumption may happen soon. Wonder if the company will provide anything material by eod october 14, hopefully provides more detail